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Administration Releases First Round of Recovery Act Reporting Data, Job Creation Estimate

The administration posted data on October 15 detailing data received from recipients of Recovery Act funds on the Recovery.gov Web site. That data includes all information provided by recipients who were awarded direct federal Recovery-related contracts, grants and loans beginning early in 2009.  The Recovery Act requires the prime and sub-recipients of $25,000 or more to report 30 days after the close of every quarter on how they used the money. The first reporting period began on Oct. 1, 2009 and ended on Oct. 10, 2009.   Based on the data submitted to FederalReporting.gov, a password-protected government Web site created specifically to collect all the data, it is estimated that 30,383 jobs were created or saved so far as a result of the Recovery Act. The reports included the following information:
  • The total amount of Recovery funds each recipient received between Feb. 17, 2009 and Sept. 30, 2009;
  • The total amount of funds expended;
  • A description and location of the project; and
  • The jobs created or saved.
The next reporting period begins January 1, 2010.